The legislation would reward the company with a $60 million tax credit and access to $150 million in borrowing through Wisconsin’s bonding authority. “We will be taking that wood product and turning it into a carbon offsetting and reduction scheme for international aviation,” Felzkowski said. The bill requires the business to source 80% or more of the wood used from Wisconsin and invest at least $1.5 billion in the project. At the press conference, lawmakers, Sawyer County officials and a timber industry representative billed legislation as a “forestry revitalization” measure. Enabling the timber industry to cut down and make use of more trees would preserve and improve the health of forests in the state, he said.